YieldNest Liquidity Rehypothecation Protocol Launches ynBNB on BNB Chain

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September 12, 2024
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YieldNest, a liquid re-staking protocol powered by EigenLayer, announced the launch of ynBNB, the first liquid re-staking token on the BNB Chain. YieldNest claims it aggregates all potential revenue sources and provides access to re-staking platforms like Kernel Protocol, Karak, and Binominal. Re-staking participants will accrue earnings and reward points from their chosen protocols. (Coindesk)

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